If you are a buyer who qualifies to buy a home in 2009 and receive the $8000 tax credit, there is even better news. You can get the credit on your 2008 tax return even if you haven’t bought the house yet. You can get your taxes done before you actually close on the new and receive their $8,000! So in essence you can end up using the money for the down payment.
This is an amazing incentive, and should really stimulate the purchase market. However, if one receives that $8,000 and does not purchase a home this year they will be forced to pay the money back.
Three very important reasons to buy now are:
· Interest rates are near all time lows;
· Home prices have declined to levels not seen in years;
· Qualified buyers are now eligible for an $8,000 tax credit on their 2008 return even BEFORE they buy a home.
To start taking advantage of this tax credit and interest rates that are at all time lows, start shopping on our web site by checking out our Best Buy www.BestBuyListMatSu.com list and also sign up to receive our list of Bank Owned and Foreclosure properties www.ForeclosuresInWasilla.com
If you haven’t already, don't forget to email me and enter our next FREE drawing for our Annual trip for two to Mexico.
Happy Monday and enjoy your week, Kristan
